Capstone Copper (TSE:CS) PT Raised to C$13.00 at Canaccord Genuity Group

Capstone Copper (TSE:CS) had its target price boosted by Canaccord Genuity Group from C$9.50 to C$13.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the mining company’s stock. Canaccord Genuity Group’s target price would indicate a potential upside of 34.72% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. Stifel Canada reaffirmed a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. National Bankshares lifted their price target on shares of Capstone Copper from C$8.25 to C$8.75 in a report on Thursday, January 25th. CIBC boosted their target price on shares of Capstone Copper from C$8.00 to C$10.50 and gave the company an “outperform” rating in a report on Wednesday. Stifel Nicolaus set a C$9.00 target price on shares of Capstone Copper and gave the company a “buy” rating in a report on Tuesday, March 26th. Finally, BMO Capital Markets boosted their target price on shares of Capstone Copper from C$7.50 to C$8.00 in a report on Friday, February 23rd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of C$9.38.

Capstone Copper Trading Up 1.5 %

TSE:CS opened at C$9.65 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25. The stock has a market capitalization of C$7.26 billion, a PE ratio of -45.95, a price-to-earnings-growth ratio of -0.09 and a beta of 2.32. The firm’s 50 day moving average is C$7.94 and its 200 day moving average is C$6.51. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$9.80.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting analysts’ consensus estimates of C$0.02. The company had revenue of C$481.57 million for the quarter. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. Sell-side analysts expect that Capstone Copper will post 0.3505466 earnings per share for the current year.

Insider Buying and Selling at Capstone Copper

In other news, Director Gordon James Bell purchased 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of C$7.06 per share, with a total value of C$141,140.00. In other Capstone Copper news, Director Gordon James Bell acquired 20,000 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was bought at an average price of C$7.06 per share, with a total value of C$141,140.00. Also, Director Darren Murvin Pylot sold 83,600 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. Insiders own 17.24% of the company’s stock.

About Capstone Copper

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.